Despite the fact that current crypto-community sentiment seems to be not entirely positive, there are those who are instead releasing Bitcoin price forecasts that are optimistic to say the least. This concerns Pantera Capital, the hedge fund with $4.8 billion in assets, which stated that Bitcoin will rise to $35,000 before the 2024 halving, and then, by 2025, the price will also rise to $148,000. This prediction was made considering several basic indicators. Foremost among them is the historical trend.
16 Oct 2024 1 minute read 0 comments Purp24
Bitcoin remains strong and on 1h, 4h, and daily, the 12 / 21 EMA bands are all bullish and $Btc price is above all of them. Really good sign for bulls on Bitcoin. Stocks will continue to consolidate but price and 12 / 21 EMA daily bands also remain b...
